The phrase "on arrears" is grammatically correct and usable in written English.
It is commonly used when discussing overdue or past due payments or debts. Here is an example of how it could be used in a sentence: The company is struggling to stay afloat due to the large number of clients who are behind on arrears for their services.
"If 40% of working-age tenants on housing benefit find finances difficult to manage before the cuts, the impact on arrears [after the reforms are introduced] could be significant," Watson says.
In recent months, Holyrood has supported Scottish councils which have decided to implement a "no evictions" policy due to the impact of welfare reform on arrears for Scottish tenants, though it fell short of approving a "no eviction because of the bedroom tax" rule for the country's social housing providers.
MADRID, Sept. 18 — Spain and Britain said Monday that they had resolved some of the thorniest issues in the longstanding dispute over Gibraltar, announcing accords on shared access to the airport there and on arrears that Britain will pay to Spanish pensioners.
Business plans are reliant on arrears of less than 2%.
"There was significant amount of arrears on the account — well into the thousands of dollars," Mr. Drury said.
Until last week mother-of-one Anna Carter was being hounded by her bank for arrears on an £8,000 personal loan.
The remainder will be spent by the Greek government on clearing arrears to its own central bank.
Meanwhile, Shelter has seen a 38% increase over the past year in the number of calls to our helpline for advice on mortgage arrears.
Interest rates on mortgage arrears have been charged at up to 25%, with the European court of justice last month condemning some charges as abusive and illegal.
LONDON (AP) — The British financial regulator has fined two former executives of the mortgage lender Northern Rock — the country's first major casualty of the global credit crisis — for misreporting figures on loan arrears.
It said: "Should payment not be received within 14 days of the date of this letter, an administration charge of £50 plus VAT and interest on the arrears will be calculated at 4% above the base rate".
